Resignation of Statutory Auditor of the Company

Oswal Agro Mills Limited August 12, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Fort, Block G, Bandra-Kurla Complex, Scrip Code: 500317 Trading Symbol: OSWALAGRO Mumbai – 400 001. Bandra (East), Mumbai – 400 051. Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sub: Intimation regarding resignation of Statutory Auditor of the Company Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that M/s. Mehta Chokshi & Shah LLP, Chartered Accountants (Firm Registration No: 106201W/W100598) have tendered their resignation as the Statutory Auditor of the Company, effective from the closing working hours of August 11, 2026. The copy of the resignation letter and details as required under Regulation 30 read with Schedule III of the Listing Regulations, and SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is attached herewith. We request you to take the same on record. FOR OSWAL AGRO MILLS LIMITED Thanking you, ARUNA OSWAL CHAIRPERSON DIN: 00988524 Encl: a/a 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalagromills.com W: www.oswalagromills.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana -141003 | T: +91-161-2544238 |CIN:L15319PB1979PLC012267 Oswal Agro Mills Limited Disclosure under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. No. Particulars Details 1. Name of the Company Oswal Agro Mills Limited 2. Name of the Auditor M/s. Mehta Chokshi & Shah LLP 3. Reason for Change Resignation due to constraints relating to audit fees. viz. appointment / resignation/ removal/ death or otherwise 4. Effective date of August 11, 2026 Resignation 5. Brief Profile Not Applicable 6. Disclosure of Not Applicable relationships with directors (in case of appointment of a director) 7th Floor, Antriksh Bhawan, 22 Kasturba Gandhi Marg, New Delhi-110 001 T: +91-11-23715242, 23322980, 23753652, 23715225 E: oswal@oswalagromills.com W: www.oswalagromills.com Regd. Off.: Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana -141003 | T: +91-161-2544238 |CIN:L15319PB1979PLC012267 MEHTA CHOKSHI & SHAH LLP -------------------•----------------- CHARTERED ACCOUNTANTS Date: August 11th, 2026 The Board of Directors, Oswal Agro Mills Limited, Near Jain Colony, Vijay Inder Nagar, Daba Road, Ludhiana, Punjab, 141003 Subject: Resignation from the office of Statutory Auditor of Oswal Agro Mills Limited (CIN: L15319PB1979PLC012267) Dear Sir/Madam, 1. We were appointed as the Statutory Auditors of Oswal Agro Mills Limited ("the Company") pursuant to a resolution passed by the members at the Annual General Meeting held on September 25, 2025, in accordance with the provisions of Section 139 of the Companies Act, 2013. 2. We had submitted our fee proposal for continuing to act as the Statutory Auditors for the financial year FY 2026-27, along with the scope of audit work to be undertaken. We regret to note that the said fee proposal has not been approved by the Company. 3. In the absence of an agreed and adequate remuneration commensurate with the scope, effort, and professional responsibility involved in the statutory audit assignment, we are unable to continue to discharge our duties as Statutory Auditors of the Company. We wish to place on record that this is a business decision arising solely from non-agreement on fees, and there are no other reasons, facts, or circumstances connected with our resignation that need to be brought to the attention of the members or creditors of the Company. 4. Accordingly, we hereby tender our resignation from the office of Statutory Auditors of the Company with effect from August 11th, 2026, pursuant to Section 140(2) of the Companies Act, 2013 read with Rule 8 of the Companies (Audit and Auditors) Rules, 2014. 5. As required under Section 140(2) of the Companies Act, 2013, we shall file the statement of resignation in Form ADT-3 with the Registrar of Companies within thirty (30) days from the date of this letter. 6. We request the Company to take note of our resignation and to take necessary steps for appointment of a new Statutory Auditor in accordance with the provisions of the Companies Act, 2013, including, if applicable, filling of the casual vacancy so caused in accordance with Section 139(8) of the Act. MEHTA CHOKSHI & SHAH LLP CONTINUATION SHEET......... -------------------------•---------------------- CHARTERED ACCOUNTANTS 7. We further request that any outstanding professional fees for work already completed be settled at the earliest, and confirm our willingness to provide reasonable assistance and clarification to the incoming auditor for a smooth transition, upon completion of the customary professional formalities. We thank the Company for the opportunity to serve as its Statutory Auditors and wish the Company continued success. Yours faithfully, For Mehta Chokshi & Shah LLP Chartered Accountants Firm Registration No.: 106201W/W100598 Rakesh Agarwal (Partner) Membership No.: 170685 Head Office Suburb Office Ahmedabad Office Maker Bhavan 3, 214, 1st Floor, Rustomjee Acres, B‐303, Titanium Heights, New Marine Lines, Mumbai‐400 020. Above Zoroastrian Bank, Jaywant Sawant Road Corporate Rood, Prahlad Nagar, Tel.:+91‐22‐2205 7309 I 2205 5432 Dahisar (West), Mumbai ‐ 400 068. Ahmedabad‐380015. 2208 8743 Tel.:+91‐22‐2893 0502 I 2890 2326 Tel.: +91‐79‐4003 4334 Email : mcs@camcs.in